By: E&P Staff
Almost three months to the day after buying 21st Century Newspapers for $415 million in cash, Journal Register Co. opened its wallet again Monday, announcing it had acquired the assets of Berks-Mont Newspapers Inc., publisher of non-dailies in the Philadelphia suburbs.
The terms of the new transaction were not disclosed.
Journal Register Chairman, President, and CEO Robert M. Jelenic called the acquisition “a natural complement to our large cluster of newspapers in the Philadelphia suburbs.”
With the acquisition, Journal Register said, its Greater Philadelphia cluster consists of seven daily newspapers with total daily circulation of approximately 185,000 and 124 non-daily publications with total distribution in excess of 1.3 million. “The acquisition of the Berks-Mont publications increases total readership of Journal Register Co. publications in the Greater Philadelphia cluster to more than 3.9 million,” the company said. Among the cluster’s dailies are The Mercury in Pottstown, Pa., the Delaware County Daily Times in Primos, Pa., and The Trentonian in New Jersey.
Included in the acquisition are the paid weeklies The Boyertown Area Times, The Kutztown Area Patriot, and the Hamburg Item. Other papers included are The Southern Berks News, The Saucon News, The Free Press, The Berks-Mont Saver, The Oley Valley Sentinel, Destinations, and The Community Connection.
The papers have a combined circulation and distribution of about 168,000 in the communities of Boyertown, Kutztown, Hamburg, and Quakertown.
Former Berks-Mont owner James C. Webb will continue to serve as the newspapers’ group publisher, Journal Register said.